A lot of whinging going on here. Holders of CGG should be smiling, youve already been handed a premium by EQN. Your development risk will be taken over EQN. If you choose you can keep your perceived CGG upside by holding EQN, and by doing so hold the best copper stock on the ASX, with the best Cu asset in all of Africa.
If your Co. is worth more as you think some one else will bid more!
Also if you take up the EQN offer, sooner or later you WILL get a second take-over premium when EQN is consequently swallowed by a bigger fish.
If you don't like it sell now, in the mean time stop whinging about making a profit!
CGG Price at posting:
48.5¢ Sentiment: Hold Disclosure: Not Held